Amazon becomes second $1 trillion company in US
New York, Sep 4 : Amazon on Tuesday became the second US public company after Apple to hit the $1 trillion valuation mark.
Last month, Apple became the first US company to become a $1 trillion company.
According to a report in CBS News, Amazon shares hit $2,050.49 -- climbing 1.5 per cent in the morning trade -- bringing the company's market value above $1 trillion.
Amazon Founder Jeff Bezos is already the richest person on Earth, with a net worth surpassing $150 billion.
He owns over 16 per cent of Amazon which he founded in a garage in Seattle in 1994.
Apple became the first $1 trillion company last month. The Cupertino-based iPhone-maker is currently worth about $1.1 trillion.
Google's parent company Alphabet Inc and Microsoft are fast approaching the $900 billion mark, reports said.
Facebook -- which crossed $500 billion in 2017 -- is not growing much owing to a massive data privacy scandal amid falling user base.
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Bomb threat calls received for Mumbai airport, CSMT; both turn out to be hoaxes, say cops
Mumbai, Jul 25 (PTI): Police on Friday received a call threatening a bomb blast at Terminal 2 of Chhatrapati Shivaji Maharaj International Airport (CSMIA) though a thorough check of the facility did not reveal anything suspicious, an official said.
The call, which was received at the main control room of Mumbai police this afternoon, was classified as a hoax, he said.
"Another call was also received claiming the blast would take place at 6:15pm. A probe has found both calls were made by the same person. The process of registering a case is underway," the official said.
The control room of the railway police too received a call threatening a blast at Chhatrapati Shivaji Maharaj Terminus, though this too turned out to be a hoax after a round of intensive checking by the Bomb Detection and Disposal Squad (BDDS) and canine squad, another official said.
